Collector's Blog - Projects
http://www.wilmott.com/blogs/collector/index.cfm
en-usThu, 30 Oct 2014 15:11:25 -0000Tue, 28 Oct 2014 23:39:00 -0000BlogCFChttp://blogs.law.harvard.edu/tech/rssblogs@wilmott.comblogs@wilmott.comTweet tweet
http://www.wilmott.com/blogs/collector/index.cfm/2014/10/28/Tweet-tweet
I just joined twitter. Will my low activity twittering increase or decrease my low activity blogging? any synergy effects, any non-linear multiplication effects?
@EGHaug
ProjectsTue, 28 Oct 2014 23:39:00 -0000http://www.wilmott.com/blogs/collector/index.cfm/2014/10/28/Tweet-tweetThe Oldest Book of Time
http://www.wilmott.com/blogs/collector/index.cfm/2010/3/2/The-Oldest-Book-of-Time
The oldest book of time need no author.
Only re-written books need authors.
The oldest book of time contains all knowledge.
Knowledge that keep their secrets.
No book is heavier.
No book is thicker.
Still it can easily be carried anywhere.
The oldest book of time has three languages.
Two of them unchanged since the beginning of time.
One of them forever changing, and partly understood by man.
ProjectsTue, 02 Mar 2010 15:20:00 -0000http://www.wilmott.com/blogs/collector/index.cfm/2010/3/2/The-Oldest-Book-of-TimeWho is the biggest crank?
http://www.wilmott.com/blogs/collector/index.cfm/2009/6/4/Who-is--the-biggest-crank
People inventing complex mathematical models that are perfectly mathematical correct, but that are based on a series of flawed assumptions that breaks down completely in practice. And yes these models are marketed to practice, some times with disastrous results.
or someone
that invents a machine by trail and error that in practice seems to be able to do what no one though would be possible. The inventor cannot explain exactly why it works. It was build by trail and error (at some point the inventor was ?lucky?), like the nature itself often evolves. The few so called scientist that even bother commenting on it claims it must be nonsense because where is the mathematical evidence, where is the scientific theory? They do not even bother looking at such a machine, they have made up their mind.
ProjectsThu, 04 Jun 2009 11:15:00 -0000http://www.wilmott.com/blogs/collector/index.cfm/2009/6/4/Who-is--the-biggest-crankKnowledge
http://www.wilmott.com/blogs/collector/index.cfm/2008/5/14/Knowledge
"It is easy to cram knowledge without limit into one's head, spit it out again in the form of books, and still remain a fool" H. K. 1949
is he pointing to my formula collection? ;-)
I am actually working on a new book, this time I spent years of thinking/meditating then I looked at massive amount of empirical data and wow I think I got an interesting idea that possibly will put me just above a fool or alternatively turn me into a super fool....time will tell. huhh first I have to spit it out...ink I need lots of ink...
ProjectsWed, 14 May 2008 17:37:00 -0000http://www.wilmott.com/blogs/collector/index.cfm/2008/5/14/KnowledgeWinning The Emmy Award
http://www.wilmott.com/blogs/collector/index.cfm/2007/6/13/Winning-Emmy-Award
I hope some of you liked the animation "movie" on the CD rom that comes with my new book: <td><a href="http://books.global-investor.com/books/23547.htm?ginPtrCode=10202&identifier=54c93ef9247571cdf691023dc5db508c" >Derivatives Models on Models</a>.
It was one of the first animations made by Sebastian Conley. Well one of the voices are mine ;-) The other voices by professional actor and actress, one of them played in Sopranos.
Sebastian Conley just Won The Emmy Award for Outstanding Broadband - General Interest at the 28th Annual Sports EMMY Awards for some of his outstanding animation from some of his most recent work:
<td><a href="http://bryan-brown.com:16080/emmy07sports/portraits/pages/207-2265_0390.htm" >Reciving the Emmy Award</a>
He also made the cover of my book and the comic strips in the mid section.
I am happy I worked with him early on ;-)
When first looking for a cartoonist I went through the work of 50 different ones and Sebastian I could see had a extraordinary talent. It always feels good to bet on the Winning horse!
ProjectsWed, 13 Jun 2007 14:56:00 -0000http://www.wilmott.com/blogs/collector/index.cfm/2007/6/13/Winning-Emmy-AwardDerivatives Models on Models to printing press
http://www.wilmott.com/blogs/collector/index.cfm/2007/4/30/Derivatives-Models-on-Models-to-printing-press
The manuscript goes to printing press tomorrow, I am crossing my fingers.
ProjectsMon, 30 Apr 2007 11:39:00 -0000http://www.wilmott.com/blogs/collector/index.cfm/2007/4/30/Derivatives-Models-on-Models-to-printing-pressDerivatives Models on Models
http://www.wilmott.com/blogs/collector/index.cfm/2007/4/4/Derivatives-Models-on-Models
Despite several delays (and sleepless nights with big red eyes) I am finally going through last proof reading. The book should be out in end of April. (approx 370 pages)
?Models on Models? has multiple implications. First of all models are only models and derivatives models are themselves based typically on more fundamental underlying models. ?Models on Models? also points back at the many interesting interviews (16) with many of the world?s top modelers, quants, quant-traders, gamblers and philosophers from Wall Street and academia talking about their models, their insight in quantitative trading, risk, publishing etc.
? Clive Granger, Nobel Prize winner in Economics 2003, on Cointegration
? Nassim Taleb on Black Swans
? Stephen Ross on Arbitrage Pricing Theory
? Emanuel Derman the Wall Street Quant
? Edward Thorp on Gambling and Trading
? Peter Carr the Wall Street Wizard of Option Symmetry and Volatility
? Aaron Brown on Gambling, Poker and Trading
? David Bates on Crash and Jumps
? Andrei Khrennikov on Negative Probabilities
? Elie Ayache on Option Trading and Modeling
? Peter Jaeckel on Monte Carlo Simulation
? Alan Lewis on Stochastic Volatility and Jumps
? Paul Wilmott on Paul Wilmott
? Knut Aase on Catastrophes and Financial Economics
? Eduardo Schwartz the Yoga Master of Quantitative Finance
? Bruno Dupire on Local and Stochastic Volatility Models
?Models on Models? also reflects upon early often partly forgotten and ignored research and knowledge. The current quantitative finance models are in almost every case extensions that are based on early wisdom and knowledge. Many of the techniques used in finance have their background in physics, engineering, probability theory and ancient wisdom. Many of these theories have developed over thousands of years. It is easy to forget this when working with valuing some fancy advanced derivatives instruments.
The book also contains a mid section in colors with many entertaining comic strips trying to illustrate some ideas in quantitative finance. Also look out for a few more surprises.
Derivatives Models on Models also contains some Excel sheets, VBA code and C++ code.
<td><a href="http://books.global-investor.com/books/23547.htm?ginPtrCode=10202&identifier=d08d8f4796589ada242a9a9e3e90a0ca" >Wilmott Boookstore</a>
ProjectsWed, 04 Apr 2007 17:31:00 -0000http://www.wilmott.com/blogs/collector/index.cfm/2007/4/4/Derivatives-Models-on-Models2nd Edtion soon in Print!
http://www.wilmott.com/blogs/collector/index.cfm/2006/11/29/2nd-Edtion-soon-in-Print
My second edtion of Option Pricing Formulas goes to press this week, should be availiable in january. It has gone from 220 pages to 530+ pages.
It contains a CD with ready to use spreadsheets, source code (VBA), 3D graphics and much more.
<td><a href="http://www.espenhaug.com/CompleteGuideCD.html" >CD Example Bates Jump-Diffusion</a>
<td><a href="http://www.espenhaug.com/CompleteGuideCDE3.html" >CD Example Modified Corrado-Su Skewness Kurtosis model</a>
<td><a href="http://www.espenhaug.com/CompleteGuideCDE2.html" >CD Example two asset barrier</a>
<td><a href="http://books.global-investor.com/books/66956.htm?ginPtrCode=10202" >Wilmott Boookstore</a>
ProjectsWed, 29 Nov 2006 13:09:00 -0000http://www.wilmott.com/blogs/collector/index.cfm/2006/11/29/2nd-Edtion-soon-in-Print